About Nedbank

Nedbank Group is a holding company listed on the Johannesburg Stock Exchange (JSE) Limited  with a market capitalisation of R125 billion at 30 June 2018. Nedbank Group is one of Africa’s largest banking groups. Its principal banking subsidiary is Nedbank Limited. Nedbank Group owns subsidiaries and banks in Namibia, Swaziland, Malawi, Mozambique, Lesotho and Zimbabwe, and offshore on the Isle of Man, and in Guernsey and Jersey. It also has representative offices in Angola and Kenya and has key global financial centres to provide international banking services for South African-based multinational and high-net-worth clients in London, Toronto and Dubai. It is a diversified financial services provider, offering a wide range of wholesale and retail banking services, as well as insurance, asset management and wealth management solutions.

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Latest News

Investments takes top honours at Morningstar Fund Awards

Mar 1st, 2019

At the Morningstar Fund Awards held in Cape Town this week, Nedgroup Investments was awarded the key award of the evening, namely the Best Fund House, Larger Fund Range.

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New home-buying kit and HeyNed virtual personal assistant makes Nedbank MoneyApp about more than banking

Feb 26th, 2019

New home-buying kit and HeyNed virtual personal assistant makes the Nedbank MoneyApp about much more than banking.

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SAA and Nedbank launch world first with the SAA Voyager Cheque Card

Feb 13th, 2019

South African Airways (SAA) Voyager and Nedbank today launched a first in the world – a cheque card which guarantees users to earn air miles per transactional swipe.

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Nedbank Private Wealth App continues to climb its way to the top of global industry rankings

Feb 4th, 2019

The Nedbank Private Wealth App has been ranked second overall in the 2018 Mobile Apps for Wealth Management benchmarking report.

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Nedbank delivers a zero monthly fee account for students that can be opened in under 5 minutes on the Nedbank MoneyApp

Jan 28th, 2019

While the vast majority of South Africans are feeling the financial pressures of challenging economic times, there’s one group of people who are typically hit very hard by money difficulties – students.

As part of its ongoing commitment to providing financial and banking solutions that help all South Africans live their best lives, Nedbank has created a unique offering that’s specifically aimed at helping SA students manage their money and maximise their lifestyles.  It is called Unlocked.ME.

Unlocked.ME offers students a bank account with zero monthly maintenance fees – a first for students in South Africa. If the student doesn’t withdraw cash and only uses their card to buy items, they can bank for free.  The account can be opened in less than 5 minutes from the Nedbank MoneyApp, with no paperwork and no signature required.

Mutsa Chironga, Managing Executive for Consumer Banking at Nedbank, points out that the Unlocked.ME proposition goes much further.  “We developed Unlocked.ME as a way of partnering with SA’s youth to help them realise their potential to live full, exciting and rewarding lives”, he explains.  “The account gives young people access to an array of lifestyle deals – for example up to 50% off laptops, and access to deals on the latest fashion and technology.  With an Unlocked.ME account, students can also enjoy benefits such as 100mb of data, food vouchers at outlets such as Debonairs and Nandos, including Taxify vouchers.”

Chironga continues, “in addition, we are passionate about helping students unlock their full career potential. We provide access to personalised, digital career advice based on the student’s matric results; and they can search up to 500 jobs online from a job portal specially designed for them.  In short, we want to help students unlock their money, their lifestyle, AND their full potential”.

“At Nedbank, we believe that the last thing our nation’s students need is to be distracted from their studies by concerns about their day-to-day finances, or their future career prospects,” Chironga elaborates, “which is why we created Unlocked.ME to help them access the tools they need to hone their money management skills, while at the same time getting more out of life and making the most of their futures.”

Nedbank’s new free mobile bank account attracts 50,000 users in less than eight weeks

Dec 4th, 2018

Nedbank’s new free mobile bank account, that lets you sign up in seconds, attracts 50 000 users in less than eight weeks.

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